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2022
Exports $30.5MWorld Rnk 30 / 197
Flag Rnk 453 / 1212
2022
Destination $1.33M Denmark
2021 - 2022
FASTEST GROWING MARKET $1.33MNorway
2022
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.54Rnk 952 / 1025
2022
Imports $77MWorld Rnk 25 / 216
Flag Rnk 383 / 1213
2022
Origin $2.89M Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $2.89MBangladesh
2022
ECONOMIC COMPLEXITY of Sweden1.49Rnk 9 / 133

About

Exports In 2022, Sweden exported $30.5M in Knit Babies' Garments, making it the 30th largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 453rd most exported product in Sweden. The main destination of Knit Babies' Garments exports from Sweden are: Denmark ($7.04M), Norway ($5.09M), Finland ($4.22M), Poland ($2.65M), and Czechia ($2.05M).

The fastest growing export markets for Knit Babies' Garments of Sweden between 2021 and 2022 were Norway ($1.33M), Germany ($196k), and Israel ($47.9k).

Imports In 2022, Sweden imported $77M in Knit Babies' Garments, becoming the 25th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 383rd most imported product in Sweden. Sweden imports Knit Babies' Garments primarily from: Bangladesh ($28.5M), China ($10.2M), Denmark ($6.78M), India ($4.96M), and Turkey ($3.63M).

The fastest growing import markets in Knit Babies' Garments for Sweden between 2021 and 2022 were Bangladesh ($2.89M), Slovakia ($1.8M), and Netherlands ($1.13M).

Latest Trends

May 2024

About

Overview In May 2024 Sweden's Knit Babies' Garments exports accounted up to SEK18.9M and imports accounted up to SEK43.1M, resulting in a negative trade balance of SEK24.2M. Between May 2023 and May 2024 the exports of Sweden's   Knit Babies' Garments have increased by SEK1.08M (6.07%) from SEK17.8M to SEK18.9M, while imports decreased by SEK-1.34M (-3.02%) from SEK44.5M to SEK43.1M.

Destinations In May 2024, Knit Babies' Garments were exported mostly to Norway (SEK6.33M), Finland (SEK2.87M), Denmark (SEK1.96M), South Korea (SEK1.85M), and Poland (SEK1.3M), and were imported mostly from Bangladesh (SEK17.3M), India (SEK4.07M), Poland (SEK3.3M), Denmark (SEK2.99M), and China (SEK2.27M).

Growth In May 2024, the increase in Knit Babies' Garments's year-by-year exports was explained primarily by an increase in exports to Finland (SEK1.74M or 39.4%), Denmark (SEK1.28M or 23.1%), and Norway (SEK1.04M or 18.9%). In May 2024, the decrease in Knit Babies' Garments's year-by-year imports was explained primarily by a decrease in imports from Denmark (SEK-1.67M or -22.4%), China (SEK-1.51M or -21.9%), and United Kingdom (SEK-1.51M or -81.3%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (May 2023 - May 2024)SEK1.08M(6.07%)
IMPORT GROWTH (May 2023 - May 2024)SEK-1.34M(-3.02%)
MAIN EXPORTER (May 2024)undefined24.3M
MAIN DESTINATION (May 2024)NorwaySEK6.33M

This section shows Knit Babies' Garments's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knit Babies' Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$30.5M
IMPORTS (2022)$77M
NET TRADE (2022)-$46.5M

In 2022, Sweden exported $30.5M in Knit Babies' Garments. The main destinations of Sweden exports on Knit Babies' Garments were Denmark ($7.04M), Norway ($5.09M), Finland ($4.22M), Poland ($2.65M), and Czechia ($2.05M).

In 2022, Sweden imported $77M in Knit Babies' Garments, mainly from Bangladesh ($28.5M), China ($10.2M), Denmark ($6.78M), India ($4.96M), and Turkey ($3.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Sweden WERE (2021 - 2022):
Norway$1.33M (35.2%)
Germany$196k (15.1%)
Israel$47.9k (62.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Sweden WERE (2021 - 2022):
Denmark-$3.19M (-31.2%)
United Kingdom-$2.99M (-81.7%)
Finland-$586k (-12.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Sweden's main exporting competitors in Knit Babies' Garments were:
China $2.45B
Bangladesh $1.29B
India $1.08B
In 2022, Sweden's main importing competitors in Knit Babies' Garments were:
United States $2.31B
Germany $759M
United Kingdom $629M

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.25M
TOP IMPORT POTENTIALChina+ $4.59M

Knit Babies' Garments’s highest export potential is Germany. With an export gap of $1.25M.   Knit Babies' Garments’s highest import potential is China with an import gap of $4.59M.

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